Attached files

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EXCEL - IDEA: XBRL DOCUMENT - CPI CORPFinancial_Report.xls
EX-11.2 - EXHIBIT 11.2 COMPUTATION OF PER COMMON SHARE-BASIC - CPI CORPexh11_2.htm
EX-32.0 - EXHIBIT 32.0 CERTIFICATION BY CEO AND CFO - CPI CORPexh32_0.htm
EX-31.2 - EXHIBIT 31.2 CERTIFICATION BY CFO - CPI CORPexh31_2.htm
EX-31.1 - EXHIBIT 31.1 CERTIFICATION BY CEO - CPI CORPexh31_1.htm
EX-10.51 - EXHIBIT 10.51 EXECUTIVE CHAIRMAN'S AGREEMENT - CPI CORPexh10_51.htm
10-Q - CPI CORP 2ND QUARTER FY 2011 10-Q - CPI CORPcpicorp2ndqtr2011_10q.htm
EXHIBIT 11.1
 
CPI Corp.
Computation of Per Common Share Income - Diluted
(Unaudited)
 
 
in thousands, except share and per share data
 
12 Weeks Ended
   
24 Weeks Ended
 
   
July 23, 2011
   
July 24, 2010
   
July 23, 2011
   
July 24, 2010
 
Diluted:
                       
Net (loss) income applicable to common shares
  $ (6,244 )   $ (1,817 )   $ (5,497 )   $ 4,723  
                                 
Shares:
                               
Weighted average number of common shares outstanding
    9,137,484       9,452,312       9,114,957       9,377,597  
Dilutive effect of exercise of certain stock options
    - *     - **     - ***     907  
Less: Treasury stock - weighted average
    (2,097,043 )     (2,133,566 )     (2,098,666 )     (2,129,186 )
                                 
Weighted average number of common and common
                               
equivalent shares outstanding
    7,040,441       7,318,746       7,016,291       7,249,318  
                                 
Net (loss) income per common and common equivalent shares
  $ (0.89 )   $ (0.25 )   $ (0.78 )   $ 0.65  
                                 
 
 *   The effect of stock options in the amount of 1,076 shares was not considered as the effect was antidilutive.
 
 **   The effect of stock options in the amount of 103,016 shares was not considered as the effect was antidilutive.
 
 ***   The effect of stock options in the amount of 2,660 shares was not considered as the effect was antidilutive.